Tenth Avenue Petroleum Corp. (TSXV:TPC) entered into a letter of intent to acquire Non-operated Unit Participation revenue and billing interest in the Swan Hills from Salida Energy Inc. for CAD 1 million on October 15, 2021. Tenth Avenue Petroleum Corp. (TSXV:TPC) agreed to acquire Non-operated Unit Participation revenue and billing interest in the Swan Hills from Salida Energy Inc. on November 29, 2021. The purchase price was CAD 825,000. The consideration consisted of 9,716,442 TPC common shares issued at a deemed price of CAD 0.085 per TPC shares. There were no finders fees paid as part of the transaction. The transaction is effective September 30, 2021. The transaction is expected to close December 3, 2021.